London

About us:

We're here to make money work for everyone and we're doing things differently. For too long, banking has been obtuse, complex and opaque.

We want to change that and build a bank with everyone, for everyone. Our amazing community suggests features, test the app and give us constant feedback so we can build something everyone loves.

We're focused on solving problems, rather than selling financial products. We want to make the world a better place and change people's lives through Monzo.

About our Finance Team:

This role would be well suited to a recently qualified accountant looking for a move into industry. Financial reporting standards (FINREP) specify a set of disclosures based on IFRS information that are sent to the Prudential Regulation Authority (PRA) at the Bank of England on a regular basis.

Our regulatory reporting team is growing and we're looking for a curious, adaptive and data-focused Regulatory Reporting Analyst with a strong attention to detail to join our team at Monzo. The team is responsible for understanding our prudential regulatory requirements, working on projects and submissions relating to these and collaborating with teams across the bank.

Your day-to-day

You'll be responsible for:

• Taking ownership of Monzo's FINREP reporting and being a specialist in this area
• Assisting the wider team in the production of Monzo's entire suite of capital and liquidity regulatory reports and disclosures (including Pillar 3)
• Contributing to the interpretation and application of regulation, largely CRD/CRR in the UK
• Documentation of regulatory interpretations and communication
• Enhancement of Monzo's regulatory reporting validation and control framework
• Providing input into new product launches
• Providing accurate reporting to regulators and Monzo's management
• Partnering with teams internally to help them make informed business decisions
• Ensuring all our regulatory reporting runs like clockwork
• Supporting our rolling metric forecasts and scenario modelling
• Designing and implementing brilliant ways to automate our work and leveraging technology to ensure we scale with the business

You should apply if you:

• Have a good understanding and experience of working with financial service balance sheets and income statements
• Have a data focused mindset and a sharp eye for detail
• Enjoy new and exciting challenges
• Have a proven record of delivering to deadlines
• Want to automate or enhance recurring processes, particularly by leveraging technology, but know how to balance this with getting the actual reports done!
• Have an open mind, enjoy transparency and think outside the box
• Thrive in a people-oriented, collaborative and progressive working environment
• Are hands-on and take satisfaction in supporting colleagues, projects or tasks, however big or small
• What we're doing at Monzo excites you!

The Interview Process:

Equal Opportunity Statement

We are actively creating an equitable environment for every Monzonaut to thrive.

Diversity and inclusion are a priority for us and we are making sure we have lots of support for all of our people to grow at Monzo. At Monzo, embracing diversity in all of its forms and fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2021 Diversity and Inclusion Report and 2022 Gender Pay Gap Report.

We're an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.